Benzinga One of the most well-known and richest people in the world could be betting big on the growth of beer and non-alcoholic beer. Here’s the brewer that Bill Gates is now investing heavily in. What Happened: Gates , the renowned entrepreneur who co-founded Microsoft , has acquired a 3.8% stake in Heineken , the holding company that owns brewer Heineken (OTC: HEINY ). Related Link: Bernie Sanders Actually Agrees With Bill Gates, The Government Should Tax The Robots Gates acquired 6.6 million shares through his own investment portfolio and an additional 4.2 million shares through his Bill & Melinda Gates Foundation Trust, according to a report from the European news site RTL . The acquisition comes as Fomento Economico Mexicano (NYSE: FMX ), also known as Femsa, is divesting its shareholding in Heineken to focus on its Coca-Cola Femsa (NYSE: KOF ) and retail segments. Gates previously invested in both Fomento Economico Mexicano and Coca-Cola Femsa as well, with investments from 2007 and 2011 respectively. more…
EconoTimes Heineken has bought 1 billion worth of its shares from Mexican Coca-Cola bottler, Fomento Economico Mexicano SAB (FEMSA) after the latter launched a 3.7 billion stock and equity-linked sale for part of its holdings in the… more…
The Business Times HEINEKEN purchased 1 billion euros (S$1.42 billion) worth of its shares from Fomento Economico Mexicano SAB, after the Mexican Coca-Cola bottler and convenience store operator launched a 3.7 billion euro stock and equity-linked sale of part of its holdings in the Dutch group. more…
Seeking Alpha Fomento Economico Mexicano SAB (FEMSA) is eyeing a divestment of its stake in Heineken (HEINY), according to a statement from the Dutch brewer. more…
GlobeNewswire Amsterdam, 16 February 2023 – Heineken Holding N.V. notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca-Cola FEMSA and digital going forward. FEMSA intends to divest its full shareholding in Heineken Holding N.V. and Heineken N.V. and FEMSA’s representatives will resign from Heineken Holding N.V.’s Board of Directors and Heineken N.V.’s Supervisory Board with immediate effect. more…
Benzinga Amsterdam, 16 February 2023 – Heineken Holding N.V. notes the announcement by FEMSA on the outcome of its strategic review. FEMSA announced that it has decided to focus solely on retail, Coca-Cola FEMSA and digital going forward. FEMSA intends to divest its full shareholding in Heineken Holding N.V. and Heineken N.V. and FEMSA''s representatives will resign from Heineken Holding N.V.''s Board of Directors and Heineken N.V.''s Supervisory Board with immediate effect. Heineken Holding N.V. respects FEMSA''s decision to refocus its strategic priorities and would like to thank FEMSA for its contribution and support in growing the business over the past thirteen years. Charlene de Carvalho-Heineken and Michel de Carvalho, Executive Directors of the Board of Directors of Heineken Holding N.V., commented: "We are grateful for the commitment and support of José Antonio Fernández Carbajal on the Board of Directors over the last thirteen years. We will miss him for his valuable contributions, guidance and collaboration. - END - Press enquiries … more…